Past Year QuestionsIPMAT Indore2020MCQ

IPMAT Indore 2020MCQ

All 20 MCQ previous year questions (PYQs) from the IPMAT Indore 2020 past year paper, with answers and full solutions.

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Q1:ipmat indore 2020QAProbabilityHardMCQ · MCQ
The probability that a randomly chosen factor of 101910^{19} is a multiple of 101510^{15} is
  • A125\frac{1}{25}
  • B112\frac{1}{12}
  • C120\frac{1}{20}
  • D116\frac{1}{16}
Pick an option to attempt
The Setup: We are dealing with prime factorization and combinations to calculate probability. We need to find the total number of factors of 101910^{19} (the sample space) and the total number of factors that carry at least 101510^{15} in their DNA (the winning outcomes). Step 1: Break down the base stats. Prime factorize the main number: 1019=(2×5)19=219×51910^{19}=(2\times 5)^{19}=2^{19}\times 5^{19} The formula for the total number of factors of pa×qbp^a\times q^b is (a+1)(b+1)(a+1)(b+1), since each exponent is chosen freely: Total factors=(19+1)(19+1)=20×20=400\text{Total factors}=(19+1)(19+1)=20\times 20=400 Step 2: Isolate the target condition. A factor of 101910^{19} has the shape 2x×5y2^x\times 5^y with 0x,y190\leq x,y\leq 19. For it to be a multiple of 1015=215×51510^{15}=2^{15}\times 5^{15}, it must carry at least fifteen of each prime, so x15x\geq 15 and y15y\geq 15. Combined with the ceiling of 19, the valid range for both xx and yy is {15,16,17,18,19}\{15,16,17,18,19\}. Step 3: Count the winning outcomes. There are exactly 5 choices for the power of 2 and 5 choices for the power of 5, chosen independently: Valid factors=5×5=25\text{Valid factors}=5\times 5=25 Step 4: Calculate the final RNG. Probability is winning outcomes over total outcomes, and every factor is equally likely because the choice is uniform over all 400: P=25400=116P=\frac{25}{400}=\frac{1}{16} Final Answer: 116\frac{1}{16}
Q2:ipmat indore 2020QATrianglesHardMCQ · MCQ
The number of acute angled triangles whose sides are three consecutive positive integers and whose perimeter is at most 100 is
  • A28
  • B29
  • C31
  • D33
Pick an option to attempt
The Setup: This geometry problem is a triple filter. The sides must pass the triangle inequality vibe check, then survive the acute-angle condition, then fit under the perimeter cap. Whichever filter is strictest wins. Step 1: Set up the side lengths. Let the three consecutive integer sides be x1x-1, xx and x+1x+1, with x11x-1\geq 1. For any triangle the two smaller sides must beat the largest: (x1)+x>x+1    x>2(x-1)+x>x+1\implies x>2. Step 2: Enforce the acute angle rule. A triangle is acute when *every* angle is acute - but we only have to test one. The largest angle always sits opposite the longest side, so if that angle is acute the two smaller ones are smaller still and acute automatically. The longest side here is x+1x+1, so the single condition to check is a2+b2>c2a^2+b^2>c^2: (x1)2+x2>(x+1)2(x-1)^2+x^2>(x+1)^2 x22x+1+x2>x2+2x+1x^2-2x+1+x^2>x^2+2x+1 x2>4xx^2>4x Since xx is positive we may divide by xx, giving x>4x>4. As xx is an integer, the lowest valid value is x=5x=5 (the smallest qualifying triangle being 4,5,64,5,6). Note this condition is strictly tighter than Step 1's x>2x>2, so the triangle inequality is absorbed and adds nothing further. Step 3: Apply the perimeter cap. The perimeter is at most 100: (x1)+x+(x+1)=3x100    x33.33(x-1)+x+(x+1)=3x\leq 100 \implies x\leq 33.33\ldots Since xx is an integer, the maximum is x=33x=33, giving sides 32,33,3432,33,34 and a perimeter of 9999. Step 4: Count the surviving squad. The valid range for xx runs from 5 to 33 inclusive: 335+1=2933-5+1=29 Final Answer: 29
Q3:ipmat indore 2020QAStraight LinesMediumMCQ · MCQ
The equation of the straight line passing through the point M(5,4)M (-5,4), such that the portion of it between the axes is divided by the point MM into two equal halves, is
  • A10y8x=8010y - 8x = 80
  • B8y+10x=808y + 10x = 80
  • C10y+8x=8010y + 8x = 80
  • D8y+10x+80=08y + 10x + 80 = 0
Pick an option to attempt
The Setup: This is a coordinate geometry speedrun using intercept form. The line crosses the x-axis at some point A(a,0)A(a,0) and the y-axis at B(0,b)B(0,b). Saying MM divides the portion between the axes into two equal halves is just a fancy way of saying MM is the midpoint of segment ABAB. Step 1: Apply the midpoint formula. The midpoint of A(a,0)A(a,0) and B(0,b)B(0,b) is (a2,b2)\left(\frac{a}{2},\frac{b}{2}\right), and we are told that point is M(5,4)M(-5,4): a2=5    a=10\frac{a}{2}=-5\implies a=-10 b2=4    b=8\frac{b}{2}=4\implies b=8 Step 2: Construct the line equation. Use the two-intercept form xa+yb=1\frac{x}{a}+\frac{y}{b}=1: x10+y8=1\frac{x}{-10}+\frac{y}{8}=1 Step 3: Clear the fractions in one shot. Multiply every term by 8080 (a common multiple of 10 and 8 chosen to land directly on the answer's scale): 80x10+80y8=80    8x+10y=8080\cdot\frac{x}{-10}+80\cdot\frac{y}{8}=80 \implies -8x+10y=80 Reordering gives 10y8x=8010y-8x=80. Step 4: Verify against all three known points. A midpoint slip is easy to make, so test the line on the two intercepts and MM itself: * A(10,0)A(-10,0): 10(0)8(10)=8010(0)-8(-10)=80 ✓ * B(0,8)B(0,8): 10(8)8(0)=8010(8)-8(0)=80 ✓ * M(5,4)M(-5,4): 10(4)8(5)=40+40=8010(4)-8(-5)=40+40=80 ✓ All three sit on the line, and MM is genuinely halfway between AA and BB. Running the other three options through M(5,4)M(-5,4) fails every time, so the match is unique. Final Answer: 10y8x=8010y - 8x = 80
Q4:ipmat indore 2020QATrigonometryHardMCQ · MCQ
The value of cos2(π8)+cos2(3π8)+cos2(5π8)+cos2(7π8)\cos^2\left(\frac{\pi}{8}\right) + \cos^2\left(\frac{3\pi}{8}\right) + \cos^2\left(\frac{5\pi}{8}\right) + \cos^2\left(\frac{7\pi}{8}\right) is
  • A11
  • B32\frac{3}{2}
  • C22
  • D94\frac{9}{4}
Pick an option to attempt
The Setup: This trig expression looks intimidating, but it has zero plot armour once you spot the symmetry in the angles. We use the supplementary angle identity to fold the expression in half, then the complementary identity to finish it off. Step 1: Fold the back half. Notice that 7π8=ππ8\frac{7\pi}{8}=\pi-\frac{\pi}{8}, and cos(πθ)=cosθ\cos(\pi-\theta)=-\cos\theta, so cos(7π8)=cos(π8)\cos\left(\frac{7\pi}{8}\right)=-\cos\left(\frac{\pi}{8}\right). Squaring kills the minus sign: cos2(7π8)=cos2(π8)\cos^2\left(\frac{7\pi}{8}\right)=\cos^2\left(\frac{\pi}{8}\right) Identically, 5π8=π3π8\frac{5\pi}{8}=\pi-\frac{3\pi}{8}, so cos2(5π8)=cos2(3π8)\cos^2\left(\frac{5\pi}{8}\right)=\cos^2\left(\frac{3\pi}{8}\right). Step 2: Simplify the sum. The four terms collapse into two identical pairs: 2[cos2(π8)+cos2(3π8)]2\left[\cos^2\left(\frac{\pi}{8}\right)+\cos^2\left(\frac{3\pi}{8}\right)\right] Step 3: Exploit the complementary angles. Notice that π8+3π8=4π8=π2\frac{\pi}{8}+\frac{3\pi}{8}=\frac{4\pi}{8}=\frac{\pi}{2}. The two angles are complementary, and cos(π2θ)=sinθ\cos\left(\frac{\pi}{2}-\theta\right)=\sin\theta, so: cos(3π8)=sin(π8)\cos\left(\frac{3\pi}{8}\right)=\sin\left(\frac{\pi}{8}\right) Step 4: Use the legendary identity. Substitute sine into the folded expression: 2[cos2(π8)+sin2(π8)]2\left[\cos^2\left(\frac{\pi}{8}\right)+\sin^2\left(\frac{\pi}{8}\right)\right] By the Pythagorean identity cos2θ+sin2θ=1\cos^2\theta+\sin^2\theta=1, the bracket collapses to 1: 2×1=22\times 1=2 Final Answer: 22
Q5:ipmat indore 2020QAProgression & SeriesHardMCQ · MCQ
If 112+122+132+\frac{1}{1^2} + \frac{1}{2^2} + \frac{1}{3^2} + \ldots up to =π26\infty = \frac{\pi^2}{6}, then the value of 112+132+152+\frac{1}{1^2} + \frac{1}{3^2} + \frac{1}{5^2} + \ldots up to \infty is
  • Aπ28\frac{\pi^2}{8}
  • Bπ216\frac{\pi^2}{16}
  • Cπ212\frac{\pi^2}{12}
  • Dπ236\frac{\pi^2}{36}
Pick an option to attempt
The Setup: We are manipulating the famous Basel problem. We are handed the sum of *all* inverse squares and asked for the sum of only the *odd* ones. The trick is to split the total into its even and odd halves, then notice the even half is a scaled copy of the whole thing. Step 1: Define the series. Let the total be S=π26S=\frac{\pi^2}{6}. Every positive integer is either odd or even, so the total splits cleanly with nothing counted twice and nothing missed: S=Sum(Odds)+Sum(Evens)S=\text{Sum(Odds)}+\text{Sum(Evens)} Every term here is positive and the series converges, so splitting and rearranging it like this is legitimate rather than a formal trick. Step 2: Factor the even series. Write out the even terms and pull out the common factor. Each even number is 2n2n, so its square is 4n24n^2: Sum(Evens)=122+142+162+=14(112+122+132+)\text{Sum(Evens)}=\frac{1}{2^2}+\frac{1}{4^2}+\frac{1}{6^2}+\ldots=\frac{1}{4}\left(\frac{1}{1^2}+\frac{1}{2^2}+\frac{1}{3^2}+\ldots\right) The bracket is literally the original total SS, so Sum(Evens)=S4\text{Sum(Evens)}=\frac{S}{4}. This self-similarity is the whole engine of the problem. Step 3: Solve for the odds. Substitute back into the master equation: S=Sum(Odds)+S4    Sum(Odds)=SS4=3S4S=\text{Sum(Odds)}+\frac{S}{4} \implies \text{Sum(Odds)}=S-\frac{S}{4}=\frac{3S}{4} Step 4: Final substitution. Plug in the known value of SS: Sum(Odds)=34×π26=3π224=π28\text{Sum(Odds)}=\frac{3}{4}\times \frac{\pi^2}{6}=\frac{3\pi^2}{24}=\frac{\pi^2}{8} Final Answer: π28\frac{\pi^2}{8}
Q6:ipmat indore 2020QAProbabilityHardMCQ · MCQ
A man is known to speak the truth on an average 4 out of 5 times. He throws a die and reports that it is a five. The probability that it is actually a five is
  • A49\frac{4}{9}
  • B59\frac{5}{9}
  • C415\frac{4}{15}
  • D215\frac{2}{15}
Pick an option to attempt
The Setup: This is a classic Bayes' Theorem trap. We have a prior probability (the physical die) mixed with a conditional one (the man's honesty stats). We want the probability that a five *actually* came up, given that he claims it did - which is not the same as his truthfulness rate, and the gap between 45\frac{4}{5} and the answer is the entire point of the question. Step 1: Map the base probabilities. * Probability of rolling a five: P(A)=16P(A)=\frac{1}{6} * Probability of rolling anything else: P(not A)=56P(\text{not }A)=\frac{5}{6} * Man tells the truth: P(T)=45P(T)=\frac{4}{5} * Man lies: P(L)=15P(L)=\frac{1}{5} Step 2: Map the conditional claims. If it genuinely is a five, he reports five precisely when he is being truthful: P(Claims 5Is 5)=45P(\text{Claims 5}\mid \text{Is 5})=\frac{4}{5}. If it is not a five, he can only report five by lying, so this branch is taken as P(Claims 5Not 5)=15P(\text{Claims 5}\mid \text{Not 5})=\frac{1}{5} - the exam's convention is that a lie about the target face lands on that face. *Worth naming the assumption, because it is doing real work.* If instead a liar spread his lie uniformly across the five wrong faces, this branch would be 15×15=125\frac{1}{5}\times\frac{1}{5}=\frac{1}{25} and the answer would come out as 45\frac{4}{5}. That value appears nowhere in the options, whereas the convention above lands exactly on option 1 - so the option set itself tells us which reading the paper intended. Step 3: Apply Bayes' Theorem. P(Is 5Claims 5)=P(Is 5)×P(Claims 5Is 5)P(Is 5)×P(Claims 5Is 5)+P(Not 5)×P(Claims 5Not 5)P(\text{Is 5}\mid \text{Claims 5})=\frac{P(\text{Is 5})\times P(\text{Claims 5}\mid \text{Is 5})}{P(\text{Is 5})\times P(\text{Claims 5}\mid \text{Is 5})+P(\text{Not 5})\times P(\text{Claims 5}\mid \text{Not 5})} Step 4: Crunch the numbers. Numerator=16×45=430\text{Numerator}=\frac{1}{6}\times \frac{4}{5}=\frac{4}{30} Denominator=(16×45)+(56×15)=430+530=930\text{Denominator}=\left(\frac{1}{6}\times \frac{4}{5}\right)+\left(\frac{5}{6}\times \frac{1}{5}\right)=\frac{4}{30}+\frac{5}{30}=\frac{9}{30} P= 430 930=49P=\frac{\ \frac{4}{30}\ }{\frac{9}{30}}=\frac{4}{9} Sanity check on the direction: 49<12\frac{4}{9}<\frac{1}{2}, which is right - a five is rare enough on a fair die that even a mostly-honest report leaves it more likely than not that he is lying. Final Answer: 49\frac{4}{9}
Q7:ipmat indore 2020QALogarithmsEasyMCQ · MCQ
If log5(log8(x21))=0\log_5(\log_8(x^2 - 1)) = 0, then a possible value of xx is
  • A22\sqrt{2}
  • B2\sqrt{2}
  • C2
  • D3
Pick an option to attempt
The Setup: This is a logarithm inception. We unpack it from the outside in using the fundamental definition logb(A)=C    A=bC\log_b(A)=C\implies A=b^C, then check the candidates against the option list. Step 1: Destroy the outer log. log5(log8(x21))=0\log_5\left(\log_8(x^2-1)\right)=0 Convert from log form to exponential form: log8(x21)=50=1\log_8(x^2-1)=5^0=1 Step 2: Destroy the inner log. Apply the same rule to what remains: x21=81=8x^2-1=8^1=8 Step 3: Solve the quadratic. x2=9    x=±3x^2=9 \implies x=\pm 3 Step 4: Pick the value that is actually on the menu. Both x=3x=3 and x=3x=-3 satisfy the equation - the expression only ever sees x2x^2, so the sign is irrelevant, and x21=8>0x^2-1=8>0 keeps every logarithm well defined. This is exactly why the stem asks for *a possible* value rather than *the* value. Of the two, only 33 appears among the options, so it is the answer. The other three options all fail, and one of them is a genuine trap: * x=22x=2\sqrt{2}: x21=7x^2-1=7, and log870.936\log_8 7\approx 0.936, so the outer log is not 0. * x=2x=\sqrt{2}: x21=1x^2-1=1, so log81=0\log_8 1=0 - and log50\log_5 0 is undefined, not zero. Mistaking one for the other is the intended snare. * x=2x=2: x21=3x^2-1=3, and log830.528\log_8 3\approx 0.528, so the outer log is not 0. Final Answer: 3
Q8:ipmat indore 2020QAInequalitiesMediumMCQ · MCQ
Consider the following statements: (i) When (0<x<1)(0 < x < 1), then (11+x<1x+x2)(\frac{1}{1+x} < 1 - x + x^2) (ii) When (0<x<1)(0 < x < 1), then (11+x>1x+x2)(\frac{1}{1+x} > 1 - x + x^2) (iii) When (1<x<0)(-1 < x < 0), then (11+x<1x+x2)(\frac{1}{1+x} < 1 - x + x^2) (iv) When (1<x<0)(-1 < x < 0), then (11+x>1x+x2)(\frac{1}{1+x} > 1 - x + x^2) Then the correct statements are:
  • A(i) and (ii)
  • B(ii) and (iv)
  • C(i) and (iv)
  • D(ii) and (iii)
Pick an option to attempt
The Setup: Cross-multiplying an inequality whose denominator changes sign is how this question eats people alive. We dodge that entirely with the sum of cubes identity a3+b3=(a+b)(a2ab+b2)a^3+b^3=(a+b)(a^2-ab+b^2), taking a=1a=1 and b=xb=x, which turns the whole comparison into a single fraction whose sign we can read off. Step 0: Note the structure. Statements (i) and (ii) are exact opposites on the same interval, as are (iii) and (iv). So exactly one of each pair must be true, and the answer is guaranteed to be one statement from each pair - that alone kills option 1 ((i) and (ii) cannot both hold) before any algebra. Step 1: Exploit the identity. With a=1a=1, b=xb=x: 1+x3=(1+x)(1x+x2)1+x^3=(1+x)(1-x+x^2) On both intervals x>1x>-1, so 1+x>01+x>0 - it is never zero, and we may safely divide by it: 1x+x2=1+x31+x1-x+x^2=\frac{1+x^3}{1+x} Step 2: Find the delta. Subtract the two quantities being compared and put them over the common denominator: (1x+x2)11+x=1+x31+x11+x=x31+x(1-x+x^2)-\frac{1}{1+x}=\frac{1+x^3}{1+x}-\frac{1}{1+x}=\frac{x^3}{1+x} Everything now rides on the sign of x31+x\frac{x^3}{1+x}, and since 1+x>01+x>0 throughout, that sign is simply the sign of x3x^3 - which is the sign of xx. **Step 3: Evaluate Case 1, 0<x<10<x<1.** The numerator x3x^3 is positive and the denominator 1+x1+x is positive, so the delta is positive: x31+x>0    1x+x2>11+x\frac{x^3}{1+x}>0 \implies 1-x+x^2>\frac{1}{1+x} Flipping that around to the form the paper uses gives 11+x<1x+x2\frac{1}{1+x}<1-x+x^2, which is exactly Statement (i) - and therefore (ii) is false. *Spot check at x=12x=\frac{1}{2}:* 11+x=23\frac{1}{1+x}=\frac{2}{3} and 1x+x2=341-x+x^2=\frac{3}{4}, and indeed 23<34\frac{2}{3}<\frac{3}{4}, with the gap 112\frac{1}{12} matching x31+x=1/83/2=112\frac{x^3}{1+x}=\frac{1/8}{3/2}=\frac{1}{12}. **Step 4: Evaluate Case 2, 1<x<0-1<x<0.** Here the numerator x3x^3 is negative (a negative number cubed stays negative), while the denominator 1+x1+x is still positive - for instance 1+(0.5)=0.51+(-0.5)=0.5. A negative over a positive is negative: x31+x<0    1x+x2<11+x\frac{x^3}{1+x}<0 \implies 1-x+x^2<\frac{1}{1+x} Flipping it round gives 11+x>1x+x2\frac{1}{1+x}>1-x+x^2, which is exactly Statement (iv) - and therefore (iii) is false. *Spot check at x=12x=-\frac{1}{2}:* 11+x=2\frac{1}{1+x}=2 and 1x+x2=741-x+x^2=\frac{7}{4}, and indeed 2>742>\frac{7}{4}, with the gap 14-\frac{1}{4} matching x31+x=1/81/2=14\frac{x^3}{1+x}=\frac{-1/8}{1/2}=-\frac{1}{4}. Step 5: Assemble. The true statements are (i) and (iv), one from each contradictory pair as Step 0 predicted. Final Answer: (i) and (iv)
Q9:ipmat indore 2020QAMixture & AlligationMediumMCQ · MCQ
Fifty litres of a mixture of milk and water contains 30 percent of water. This mixture is added to eighty litres of another mixture of milk and water that contains 20 percent of water. Then, how many litres of water should be added to the resulting mixture to obtain a final mixture that contains 25 percent of water?
  • A1
  • B2
  • C3
  • D4
Pick an option to attempt
The Setup: Mixture problems just require tracking the absolute volumes of the components like inventory. We find the exact litres of water and milk we currently hold, merge them, then solve for the extra water needed to hit the target 25%. The key discipline is that adding pure water changes the water column *and* the total, but leaves the milk column frozen. Step 1: Audit Mixture 1. Total =50=50 L, water is 30%. Water=0.30×50=15 L,Milk=5015=35 L\text{Water}=0.30\times 50=15\text{ L}, \qquad \text{Milk}=50-15=35\text{ L} Step 2: Audit Mixture 2. Total =80=80 L, water is 20%. Water=0.20×80=16 L,Milk=8016=64 L\text{Water}=0.20\times 80=16\text{ L}, \qquad \text{Milk}=80-16=64\text{ L} Step 3: Merge the inventory. Tip both into the same barrel: Total volume=50+80=130 L,Water=15+16=31 L,Milk=35+64=99 L\text{Total volume}=50+80=130\text{ L}, \quad \text{Water}=15+16=31\text{ L}, \quad \text{Milk}=35+64=99\text{ L} Step 4: Calculate the required additive. Let ww litres of pure water go in. Both the water and the total grow by ww, and a 25% water mix means water is 14\frac{1}{4} of the total: 31+w130+w=14\frac{31+w}{130+w}=\frac{1}{4} Cross-multiply and solve: 4(31+w)=130+w    124+4w=130+w    3w=6    w=24(31+w)=130+w \implies 124+4w=130+w \implies 3w=6 \implies w=2 Step 5: Verify from the milk side. The milk column never moved, so it is an independent check. Final total =130+2=132=130+2=132 L, of which milk is still 99 L: 99132=34=75% milk, hence 25% water\frac{99}{132}=\frac{3}{4}=75\% \text{ milk}, \text{ hence } 25\% \text{ water} The two routes agree, so w=2w=2 is right. Final Answer: 2
Q10:ipmat indore 2020QATime & WorkHardMCQ · MCQ
Three workers working together need 1 hour to construct a wall. The first worker, working alone, can construct the wall twice as fast as the third worker, and can complete the task an hour sooner than the second worker. Then, the average of time taken in hours by three workers, when working alone, to construct the wall is
  • A33+43\dfrac{\sqrt{33} + 4}{3}
  • B33+53\dfrac{\sqrt{33} + 5}{3}
  • C33+63\dfrac{\sqrt{33} + 6}{3}
  • D33+73\dfrac{\sqrt{33} + 7}{3}
Pick an option to attempt
The Setup: This is a rates problem, and the golden rule is that *times do not add, rates do*. We convert *hours to build the wall* into *walls per hour*, sum the three rates to 1 wall/hour, and only convert back to time at the very end. Step 1: Define the rates. Let r1,r2,r3r_1,r_2,r_3 be the workers' rates in walls per hour, and ti=1rit_i=\frac{1}{r_i} their solo times. All three together take 1 hour, so their rates sum to one whole wall per hour: r1+r2+r3=11=1r_1+r_2+r_3=\frac{1}{1}=1 Worker 1 is twice as fast as Worker 3, so r1=2r3r_1=2r_3, i.e. r3=r12r_3=\frac{r_1}{2} (equivalently t3=2t1t_3=2t_1). Step 2: Link Workers 1 and 2. Worker 1 finishes an hour sooner than Worker 2, and that condition is about *times*, so it must be written in times first: t1=t21    1r1=1r21    1r2=1r1+1=1+r1r1t_1=t_2-1 \implies \frac{1}{r_1}=\frac{1}{r_2}-1 \implies \frac{1}{r_2}=\frac{1}{r_1}+1=\frac{1+r_1}{r_1} Flipping gives r2=r11+r1r_2=\frac{r_1}{1+r_1}. Step 3: Solve the master rate equation. Substitute r2r_2 and r3r_3 into the sum: r1+r11+r1+r12=1r_1+\frac{r_1}{1+r_1}+\frac{r_1}{2}=1 Multiply through by 2(1+r1)2(1+r_1) to clear denominators: 2r1(1+r1)+2r1+r1(1+r1)=2(1+r1)2r_1(1+r_1)+2r_1+r_1(1+r_1)=2(1+r_1) 2r1+2r12+2r1+r1+r12=2+2r12r_1+2r_1^2+2r_1+r_1+r_1^2=2+2r_1 3r12+5r1=2+2r1    3r12+3r12=03r_1^2+5r_1=2+2r_1 \implies 3r_1^2+3r_1-2=0 By the quadratic formula: r1=3±94(3)(2)6=3±336r_1=\frac{-3\pm\sqrt{9-4(3)(-2)}}{6}=\frac{-3\pm\sqrt{33}}{6} A rate cannot be negative, and 335.745\sqrt{33}\approx 5.745, so the minus root is discarded and r1=3336r_1=\frac{\sqrt{33}-3}{6}. Step 4: Convert back to times. Rationalising the denominator each time: t1=1r1=6333=6(33+3)339=6(33+3)24=33+34t_1=\frac{1}{r_1}=\frac{6}{\sqrt{33}-3}=\frac{6(\sqrt{33}+3)}{33-9}=\frac{6(\sqrt{33}+3)}{24}=\frac{\sqrt{33}+3}{4} t2=t1+1=33+34+44=33+74,t3=2t1=233+64t_2=t_1+1=\frac{\sqrt{33}+3}{4}+\frac{4}{4}=\frac{\sqrt{33}+7}{4}, \qquad t_3=2t_1=\frac{2\sqrt{33}+6}{4} Step 5: Average them. Note the question asks for the average of the *times*, not of the rates - averaging rates instead is the single most common way to lose this mark. t1+t2+t3=(33+3)+(33+7)+(233+6)4=433+164=33+4t_1+t_2+t_3=\frac{(\sqrt{33}+3)+(\sqrt{33}+7)+(2\sqrt{33}+6)}{4}=\frac{4\sqrt{33}+16}{4}=\sqrt{33}+4 Average=33+43\text{Average}=\frac{\sqrt{33}+4}{3} Step 6: Sanity check the numbers. Numerically t12.19t_1\approx 2.19, t23.19t_2\approx 3.19, t34.37t_3\approx 4.37 hours. Every one exceeds 1 hour, as it must - a lone worker cannot beat all three together. Their gap t2t1t_2-t_1 is exactly 1, t3t_3 is exactly double t1t_1, and 1t1+1t2+1t3=1\frac{1}{t_1}+\frac{1}{t_2}+\frac{1}{t_3}=1 to twelve decimal places. All three given conditions hold. Final Answer: 33+43\dfrac{\sqrt{33} + 4}{3}
Q11:ipmat indore 2020QASet TheoryMediumMCQ · MCQ
In a class, students are assigned roll numbers from 1 to 140. All students with even roll numbers opted for cricket, all those whose roll numbers are divisible by 5 opted for football, and all those whose roll numbers are divisible by 3 opted for basketball. The number of students who did not opt for any of the three sports is
  • A102
  • B38
  • C98
  • D42
Pick an option to attempt
The Setup: This is Inclusion-Exclusion. We count the students playing at least one sport (the union of the three sets), then subtract from 140 to get the NPCs playing nothing. Note the sets overlap heavily - a roll number like 30 is in all three - which is exactly why we cannot simply add. Step 1: Calculate the single sets. Counting multiples of kk up to 140 is 140k\left\lfloor\frac{140}{k}\right\rfloor. A (cricket, 2)=1402=70,B (football, 5)=1405=28,C (basketball, 3)=1403=46|A|\ (\text{cricket, }2)=\left\lfloor\frac{140}{2}\right\rfloor=70, \quad |B|\ (\text{football, }5)=\left\lfloor\frac{140}{5}\right\rfloor=28, \quad |C|\ (\text{basketball, }3)=\left\lfloor\frac{140}{3}\right\rfloor=46 Step 2: Calculate the pairwise intersections. A student in two sets has a roll number divisible by both divisors, so the correct counter is their LCM - not their product. Here 2,3,52,3,5 are pairwise coprime, so the LCM happens to equal the product, but that coincidence is what makes this step safe; with divisors like 2 and 4 the product would give a wrong count. AB (LCM=10)=14010=14,AC (LCM=6)=1406=23,BC (LCM=15)=14015=9|A\cap B|\ (\text{LCM}=10)=\left\lfloor\frac{140}{10}\right\rfloor=14, \quad |A\cap C|\ (\text{LCM}=6)=\left\lfloor\frac{140}{6}\right\rfloor=23, \quad |B\cap C|\ (\text{LCM}=15)=\left\lfloor\frac{140}{15}\right\rfloor=9 Step 3: Calculate the triple intersection. ABC (LCM=30)=14030=4|A\cap B\cap C|\ (\text{LCM}=30)=\left\lfloor\frac{140}{30}\right\rfloor=4 Step 4: Execute the formula. ABC=A+B+CABACBC+ABC|A\cup B\cup C|=|A|+|B|+|C|-|A\cap B|-|A\cap C|-|B\cap C|+|A\cap B\cap C| =70+28+4614239+4=14446+4=102=70+28+46-14-23-9+4=144-46+4=102 Step 5: Take the complement. That 102 is the number who play at least one sport, so: 140102=38140-102=38 Watch the trap: 102 is sitting right there as option 1. It is the union, not the answer - the question asks for everyone *outside* it. Final Answer: 38
Q12:ipmat indore 2020QAFunctionsEasyMCQ · MCQ
Given f(x)=x2+log3xf(x) = x^2 + \log_3 x and g(y)=2y+f(y)g(y) = 2y + f(y), then the value of g(3)g(3) equals
  • A16
  • B15
  • C25
  • D26
Pick an option to attempt
The Setup: Pure function evaluation. No theory required - just substitute from the outside in, respecting each definition exactly as written. Step 1: Set up the outer function. The definition is g(y)=2y+f(y)g(y)=2y+f(y), so at y=3y=3: g(3)=2(3)+f(3)=6+f(3)g(3)=2(3)+f(3)=6+f(3) Note the variable name is a red herring: ff is written in xx and gg in yy, but a function does not care what its argument is called. Feeding 3 into ff is the same operation either way. Step 2: Evaluate the nested function. Using f(x)=x2+log3xf(x)=x^2+\log_3 x at x=3x=3: f(3)=32+log33f(3)=3^2+\log_3 3 We have 32=93^2=9, and any log of its own base is 1, since logbb=1\log_b b=1 means *what power of bb gives bb?* - namely 1. So log33=1\log_3 3=1 and x=3>0x=3>0 keeps the log defined. f(3)=9+1=10f(3)=9+1=10 Step 3: Recombine. Substitute back: g(3)=6+10=16g(3)=6+10=16 Final Answer: 16
Q13:ipmat indore 2020QAMatrices & DeterminantsHardMCQ · MCQ
A 2×22 \times 2 matrix is filled with four distinct integers randomly chosen from the set {1,2,3,4,5,6}\{1,2,3,4,5,6\}. Then the probability that the matrix generated in such a way is singular is
  • A245\frac{2}{45}
  • B145\frac{1}{45}
  • C415\frac{4}{15}
  • D115\frac{1}{15}
Pick an option to attempt
The Setup: A 2×22\times 2 matrix M=(abcd)M=\begin{pmatrix} a & b \\ c & d \end{pmatrix} is singular when its determinant vanishes, i.e. adbc=0ad-bc=0, so we need the main-diagonal product to equal the anti-diagonal product: ad=bcad=bc. The whole question reduces to finding which four numbers from {1,2,3,4,5,6}\{1,2,3,4,5,6\} can be split into two disjoint pairs of equal product. Step 1: Calculate the total sample space. We pick 4 distinct numbers from 6 and place them in 4 labelled positions, so order matters - this is a permutation: Total outcomes=P(6,4)=6×5×4×3=360\text{Total outcomes}=P(6,4)=6\times 5\times 4\times 3=360 Step 2: Find every pair of pairs with equal products. Rather than assert it, list all 15 pairs and their products outright:
PairProductPairProductPairProduct
(1,2)2(2,4)8(3,5)15
(1,3)3(2,5)10(3,6)18
(1,4)4(2,6)12(4,5)20
(1,5)5(3,4)12(4,6)24
(1,6)6(2,3)6(5,6)30
Exactly two product values repeat, and in both cases the two pairs are disjoint (they share no element, which is required since all four entries must be distinct): * Product 66: {1,6}\{1,6\} and {2,3}\{2,3\} * Product 1212: {2,6}\{2,6\} and {3,4}\{3,4\} Every other product in the table is unique, so no further singular matrices exist. Step 3: Count matrix arrangements. Take product 6. Put {1,6}\{1,6\} on the main diagonal (a,d)(a,d) and {2,3}\{2,3\} on the anti-diagonal (b,c)(b,c): * Arrangements of {1,6}\{1,6\} across a,da,d: 2!=22!=2 * Arrangements of {2,3}\{2,3\} across b,cb,c: 2!=22!=2 That gives 2×2=42\times 2=4 matrices. But the two pairs can also switch diagonals - {2,3}\{2,3\} on the main, {1,6}\{1,6\} on the anti - for another 4. So product 6 contributes 88 matrices, and by identical logic so does product 12. Step 4: Final probability. Singular matrices=8+8=16    P=16360=245\text{Singular matrices}=8+8=16 \implies P=\frac{16}{360}=\frac{2}{45} Final Answer: 245\frac{2}{45}
Q14:ipmat indore 2020QARatio, Proportion & VariationEasyMCQ · MCQ
Ashok started a business with a certain investment. After a few months, Bharat joined him investing half the amount of Ashok's initial investment. At the end of the first year, the total profit was divided between them in the ratio 3:13:1. Bharat joined Ashok after
  • A2 months
  • B3 months
  • C4 months
  • D6 months
Pick an option to attempt
The Setup: In partnership accounting, profit is shared in proportion to each partner's *capital-months* - the money put in multiplied by how long it stayed in. Two partners with the same capital but different durations do not split evenly, and that is the whole mechanism here. Step 1: Define Ashok's stats. Let Ashok's investment be 2x2x (choosing 2x2x rather than xx keeps Bharat's half a whole number). He started the business, so his money was in for the full 12 months: Ashok’s capital-months=2x×12=24x\text{Ashok's capital-months}=2x\times 12=24x Step 2: Define Bharat's stats. Bharat invested half of Ashok's amount, so his capital is xx. Let it stay in for tt months: Bharat’s capital-months=x×t=xt\text{Bharat's capital-months}=x\times t=xt Step 3: Equate to the profit ratio. Profit splits 3:13:1 in the order the partners are named, Ashok to Bharat: Ashok’s capital-monthsBharat’s capital-months=31    24xxt=3\frac{\text{Ashok's capital-months}}{\text{Bharat's capital-months}}=\frac{3}{1} \implies \frac{24x}{xt}=3 Step 4: Solve for the duration. Capital is positive, so xx cancels safely: 24t=3    3t=24    t=8\frac{24}{t}=3 \implies 3t=24 \implies t=8 Step 5: Convert duration into a joining date - do not stop at Step 4. The number 8 is how long Bharat's money was *invested*, but the question asks when he joined. In a 12-month year, being invested for the last 8 months means he sat out the first four: 128=4 months12-8=4\text{ months} Answering 8 here is the intended trap, and it is why the question is phrased 'Bharat joined Ashok after' rather than asking for his investment period. Final Answer: 4 months
Q15:ipmat indore 2020QAMean, Median & ModeHardMCQ · MCQ
The average marks of 66 students in a test is 6464. All the students got different marks, one of the students obtained 7070 marks and all other students scored 4040 or above. The maximum possible difference between the second highest and the second lowest marks is
  • A50
  • B54
  • C57
  • D58
Pick an option to attempt
The Setup: A min-maxing puzzle wearing a statistics costume. Sort the six marks as S1>S2>S3>S4>S5>S6S_1>S_2>S_3>S_4>S_5>S_6, so the second highest is S2S_2 and the second lowest is S5S_5. We want to maximise S2S5S_2-S_5 subject to a fixed total, all marks distinct integers of at least 40, and one of them being exactly 70. Step 1: Set the baseline constraints. Six students averaging 64 gives a fixed budget: Total=6×64=384\text{Total}=6\times 64=384 Step 2: Pin the floor. S640S_6\geq 40, and since the marks are distinct integers, S5S6+141S_5\geq S_6+1\geq 41. So S5=41S_5=41 is the best we can ever do, achieved by putting S6=40S_6=40. Every point saved at the bottom is a point available at the top, so this choice never costs us anything. Step 3: Decide where the mandatory 70 goes. This is the real work, and it needs all cases checked rather than a lucky guess: * **70 as S1S_1 or S2S_2:** then S270S_2\leq 70, so the difference is at most 7041=2970-41=29. Dead. * **70 as S5S_5 or S6S_6:** impossible. If S5=70S_5=70 then S1,,S4S_1,\dots,S_4 all exceed 70, so they total at least 71+72+73+74=29071+72+73+74=290; adding 7070 and S640S_6\geq 40 already gives 400>384400>384. Placing 70 even lower is worse still. * **70 as S4S_4:** then S371S_3\geq 71, and with S5=41,S6=40S_5=41,S_6=40 the top three share 384704140=233384-70-41-40=233. Minimising S3S_3 at 71 leaves S1+S2=162S_1+S_2=162, and S1>S2S_1>S_2 forces S280S_2\leq 80. Difference at most 8041=3980-41=39. Still beaten. * **70 as S3S_3: the surviving case, examined next. Step 4: Work the winning case.** With 70 at S3S_3, the two marks below it must be distinct integers between 41 and 69, and pushing them as low as possible frees the most budget for the top: S4=42S_4=42, S5=41S_5=41, S6=40S_6=40. That leaves: S1+S2=384(70+42+41+40)=384193=191S_1+S_2=384-(70+42+41+40)=384-193=191 To make S2S_2 as large as possible we want S1S_1 as close above it as possible. Since 191 is odd, the tightest legal split of S1>S2S_1>S_2 is 9696 and 9595: S1=96,S2=95S_1=96,\quad S_2=95 Step 5: Confirm the set is legal and compute. The marks are 96,95,70,42,41,4096,95,70,42,41,40 - six distinct integers, all at least 40, one exactly 70, summing to 384384. Every condition holds. S2S5=9541=54S_2-S_5=95-41=54 Since Step 3 ruled out every other placement of 70 with a strictly smaller ceiling, 54 is the true maximum. Final Answer: 54
Q16:ipmat indore 2020LRDITabular DataMediumMCQ · MCQ
The table below presents the quoted buy and sell prices of five stocks during the five trading days of a given week. The quoted sell price is the price at which an investor can sell a stock in the market. The quoted buy price is the price at which an investor can buy a stock from the market. All the quoted numbers are in Indian Rupees.
DayMondayTuesdayWednesdayThursdayFriday
QuoteSellBuySellBuySellBuySellBuySellBuy
Dabur460462455458432433444447461462
Marico345346335336365368372375372374
HUL1931193319521955197919812044204819661969
ITC237238238239246251221225253256
Britannia3044304631003101311031153025302731403144
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If an investor had Rs 36,00,000 to invest in any particular single stock, and she could buy the stock only on Monday and sell it off only on Friday, then the stock she should buy on Monday to earn the maximum possible profit during the week is
  • AMarico
  • BHUL
  • CITC
  • DBritannia
Pick an option to attempt
The Setup: Every question in this set runs on one rule, so it is worth nailing down once here. The table gives two prices per day, and the passage defines them from the *investor's* side: you buy at the Buy price and sell at the Sell price. The Buy price is always the higher of the two, so the market takes a small bite on every round trip. Mixing the two columns up is the single biggest source of wrong answers in this caselet. Step 1: Fix the method. With a fixed pot of money you cannot own a fraction of a share, so: Shares=CapitalMonday Buy price,Residual cash=CapitalShares×Buy price\text{Shares}=\left\lfloor\frac{\text{Capital}}{\text{Monday Buy price}}\right\rfloor, \qquad \text{Residual cash}=\text{Capital}-\text{Shares}\times\text{Buy price} Final wealth=Shares×Friday Sell price+Residual cash\text{Final wealth}=\text{Shares}\times\text{Friday Sell price}+\text{Residual cash} The residual is the small change that could not buy one more share. It does not vanish - it stays in the investor's pocket and counts toward the final wealth. It barely matters here, but in MCQ 17 it decides the answer outright, so build the habit now. Step 2: Run all four candidates. Capital is Rs 36,00,000. Buy at Monday's Buy price, sell at Friday's Sell price.
StockMon BuySharesResidualFri SellProceedsProfit
Marico34610,40421637238,70,2882,70,504
HUL1,9331,8627541,96636,60,69261,446
ITC23815,1261225338,26,8782,26,890
Britannia3,0461,1812,6743,14037,08,3401,11,014
Two share counts are worth checking by hand, because rounding the wrong way is easy here: 3046×1181=35,97,32636,00,000but3046×1182=36,00,372>36,00,0003046\times 1181=35,97,326\leq 36,00,000 \quad\text{but}\quad 3046\times 1182=36,00,372>36,00,000 so Britannia buys 1,181 shares, not 1,182. Likewise 346×10404=35,99,784346\times 10404=35,99,784 fits while 346×10405=36,00,130346\times 10405=36,00,130 does not. Step 3: Read off the winner. Marico returns the largest profit at roughly Rs 2.70 lakh, comfortably ahead of ITC's Rs 2.27 lakh. Step 4: Sanity-check why. Marico wins on percentage movement, not on price. It rose from 346 to 372, a gain of about 7.5%7.5\%, versus ITC's 6.3%6.3\%, Britannia's 3.1%3.1\% and HUL's 1.7%1.7\%. Because the whole pot goes into one stock either way, the cheapest share price is irrelevant - only the percentage gain matters, and a quick ratio scan of Fri SellMon Buy\frac{\text{Fri Sell}}{\text{Mon Buy}} would have identified Marico without computing a single share count. Final Answer: Marico
Q17:ipmat indore 2020LRDITabular DataMediumMCQ · MCQ
The table below presents the quoted buy and sell prices of five stocks during the five trading days of a given week. The quoted sell price is the price at which an investor can sell a stock in the market. The quoted buy price is the price at which an investor can buy a stock from the market. All the quoted numbers are in Indian Rupees.
DayMondayTuesdayWednesdayThursdayFriday
QuoteSellBuySellBuySellBuySellBuySellBuy
Dabur460462455458432433444447461462
Marico345346335336365368372375372374
HUL1931193319521955197919812044204819661969
ITC237238238239246251221225253256
Britannia3044304631003101311031153025302731403144
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If an investor planned to invest Rs 36,00,000 in purchasing the stocks of HUL on Monday, sell them off on Wednesday and use the entire proceeds to purchase the stocks of Britannia on the same day and sell them off again on Friday, then the total investment return during the week would be
  • A2.80 percent
  • B3.00 percent
  • C3.20 percent
  • D3.40 percent
Pick an option to attempt
The Setup: A two-leg trade: HUL from Monday to Wednesday, then the entire proceeds into Britannia from Wednesday to Friday. Using the convention from MCQ 16 - buy at the Buy price, sell at the Sell price, and carry the residual cash forward. That last point is not bookkeeping pedantry here; it is what separates two of the four options. Step 1: Leg one - HUL, Monday to Wednesday. Monday Buy price is 1,933: Shares=36,00,0001933=1862,Residual=36,00,0001862×1933=754\text{Shares}=\left\lfloor\frac{36,00,000}{1933}\right\rfloor=1862, \qquad \text{Residual}=36,00,000-1862\times 1933=754 Sell on Wednesday at HUL's Sell price of 1,979: 1862×1979=36,84,898    Total cash=36,84,898+754=36,85,6521862\times 1979=36,84,898 \implies \text{Total cash}=36,84,898+754=36,85,652 Step 2: Leg two - Britannia, Wednesday to Friday. Wednesday Buy price is 3,115: 36,85,6523115=1183since3115×1183=36,85,04536,85,652\left\lfloor\frac{36,85,652}{3115}\right\rfloor=1183 \quad\text{since}\quad 3115\times 1183=36,85,045\leq 36,85,652 This is the hinge of the whole question. Had we thrown away the Rs 754 left over from the HUL leg, the available cash would be 36,84,898 - and 36,85,045>36,84,89836,85,045>36,84,898, so only 1,182 shares would be affordable. That stray Rs 754 is precisely what pays for the 1,183rd share, and that one share is worth about Rs 3,140 by Friday. Discarding it drops the answer to 3.10%3.10\% and lands you on the wrong option. Step 3: Close the position. Sell on Friday at Britannia's Sell price of 3,140, and add the residual from this leg (36,85,65236,85,045=60736,85,652-36,85,045=607): 1183×3140=37,14,620    Final wealth=37,14,620+607=37,15,2271183\times 3140=37,14,620 \implies \text{Final wealth}=37,14,620+607=37,15,227 Step 4: Compute the return. Return=37,15,22736,00,00036,00,000×100=1,15,22736,00,000×100=3.2008%3.20%\text{Return}=\frac{37,15,227-36,00,000}{36,00,000}\times 100=\frac{1,15,227}{36,00,000}\times 100=3.2008\%\approx 3.20\% Step 5: Confirm with a shortcut. Ignore the share-counting entirely and just compound the two price ratios, which is what the trade does at heart: 19791933×31403115=1.03201    3.20%\frac{1979}{1933}\times\frac{3140}{3115}=1.03201 \implies 3.20\% Both routes agree to two decimal places, which confirms the answer is robust and not an artefact of rounding. Final Answer: 3.20 percent
Q18:ipmat indore 2020LRDITabular DataMediumMCQ · MCQ
The table below presents the quoted buy and sell prices of five stocks during the five trading days of a given week. The quoted sell price is the price at which an investor can sell a stock in the market. The quoted buy price is the price at which an investor can buy a stock from the market. All the quoted numbers are in Indian Rupees.
DayMondayTuesdayWednesdayThursdayFriday
QuoteSellBuySellBuySellBuySellBuySellBuy
Dabur460462455458432433444447461462
Marico345346335336365368372375372374
HUL1931193319521955197919812044204819661969
ITC237238238239246251221225253256
Britannia3044304631003101311031153025302731403144
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The difference between the quoted buy and sell price of a stock is referred to as the spread of the stock. The average spread of the stocks is lowest on
  • AMonday
  • BTuesday
  • CThursday
  • DFriday
Pick an option to attempt
The Setup: The spread is defined in the stem as the gap between the quoted buy and sell price of a stock - the market's cut on a round trip. So for each day we take BuySell\text{Buy}-\text{Sell} for all five stocks and average the five numbers. Since every day has the same five stocks, comparing the totals is enough and the division by 5 is only cosmetic. Step 1: Compute the spread for each stock, day by day.
DayDaburMaricoHULITCBritanniaTotalAverage
Monday2121281.6
Tuesday3131191.8
Thursday33442163.2
Friday12334132.6
Worked out in full for Monday, the winning day: (462460)+(346345)+(19331931)+(238237)+(30463044)5=2+1+2+1+25=85=1.6\frac{(462-460)+(346-345)+(1933-1931)+(238-237)+(3046-3044)}{5}=\frac{2+1+2+1+2}{5}=\frac{8}{5}=1.6 Step 2: Compare. Monday's average of 1.6 is the lowest of the four days offered; Tuesday at 1.8 is the nearest rival. Step 3: Note the shortcut. Monday's total of 8 is the smallest total in the table, and no division was needed to see it. Monday is also the only day where three of the five stocks trade at a spread of just 1 or 2 across the board - it is the tightest, most liquid-looking day of the week. Final Answer: Monday
Q19:ipmat indore 2020LRDITabular DataMediumMCQ · MCQ
The table below presents the quoted buy and sell prices of five stocks during the five trading days of a given week. The quoted sell price is the price at which an investor can sell a stock in the market. The quoted buy price is the price at which an investor can buy a stock from the market. All the quoted numbers are in Indian Rupees.
DayMondayTuesdayWednesdayThursdayFriday
QuoteSellBuySellBuySellBuySellBuySellBuy
Dabur460462455458432433444447461462
Marico345346335336365368372375372374
HUL1931193319521955197919812044204819661969
ITC237238238239246251221225253256
Britannia3044304631003101311031153025302731403144
show less
A brokerage firm charges 0.1 percent trading commission on the value of shares bought or sold through its trading platform. If an investor bought 1000 shares of Britannia on Tuesday, and sold all of them on Thursday, then the total brokerage fee that will be charged from the investor is
  • A6,125
  • B6,126
  • C6,127
  • D6,128
Pick an option to attempt
The Setup: The commission is charged on the value of shares bought or sold, so it applies twice - once on the purchase leg and once on the sale leg - and each leg is valued at its own price. Using the convention from MCQ 16: the investor buys at Tuesday's Buy price and sells at Thursday's Sell price. Step 1: The buying leg, Tuesday. Britannia's Tuesday Buy price is 3,101: Value=1000×3101=31,01,000    Fee=31,01,000×0.1%=3101\text{Value}=1000\times 3101=31,01,000 \implies \text{Fee}=31,01,000\times 0.1\%=3101 Step 2: The selling leg, Thursday. Britannia's Thursday Sell price is 3,025: Value=1000×3025=30,25,000    Fee=30,25,000×0.1%=3025\text{Value}=1000\times 3025=30,25,000 \implies \text{Fee}=30,25,000\times 0.1\%=3025 Note that 0.1%0.1\% of a value is just that value divided by 1,000 - and since exactly 1,000 shares were traded, each fee comes out equal to the share price itself. That is a pleasant shortcut, not a coincidence to rely on generally. Step 3: Total the two legs. 3101+3025=61263101+3025=6126 Step 4: Read the option list - it is a trap laid with real precision. All four options are within Rs 3 of each other, because each one corresponds to a different mix-up of the Buy and Sell columns:
Tuesday price usedThursday price usedTotalOption
Sell 3,100Sell 3,0256,1251
Buy 3,101Sell 3,0256,1262 - correct
Sell 3,100Buy 3,0276,1273
Buy 3,101Buy 3,0276,1284
There is no arithmetic in this question at all once you know which column to read; the entire difficulty is the convention. You buy at Buy and sell at Sell. Final Answer: 6,126
Q20:ipmat indore 2020LRDITabular DataMediumMCQ · MCQ
The table below presents the quoted buy and sell prices of five stocks during the five trading days of a given week. The quoted sell price is the price at which an investor can sell a stock in the market. The quoted buy price is the price at which an investor can buy a stock from the market. All the quoted numbers are in Indian Rupees.
DayMondayTuesdayWednesdayThursdayFriday
QuoteSellBuySellBuySellBuySellBuySellBuy
Dabur460462455458432433444447461462
Marico345346335336365368372375372374
HUL1931193319521955197919812044204819661969
ITC237238238239246251221225253256
Britannia3044304631003101311031153025302731403144
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If you had decided to invest Rs.36,00,000 worth of ITC stocks on Monday, then the day of the week you should choose to sell the stocks to earn the maximum possible profit would be
  • ATuesday
  • BWednesday
  • CThursday
  • DFriday
Pick an option to attempt
The Setup: The purchase is fixed - ITC bought on Monday - and only the exit day is ours to choose. Using the convention from MCQ 16: buy at Monday's Buy price of 238, sell at the chosen day's Sell price. Step 1: Note why no calculation is really needed. Monday's purchase locks in a fixed share count: 36,00,000238=15,126 shares, with Rs 12 left over\left\lfloor\frac{36,00,000}{238}\right\rfloor=15,126 \text{ shares, with Rs 12 left over} That count does not change with the exit day, and the residual is fixed too. So the final wealth is 15,126×(Sell price)+1215,126\times(\text{Sell price})+12, which is strictly increasing in the sell price. Maximising profit is therefore identical to maximising ITC's Sell price, and the whole question collapses into scanning one row of the table. Step 2: Scan ITC's Sell prices.
Sell onTuesdayWednesdayThursdayFriday
ITC Sell price238246221253
Profit01,21,008-2,57,1422,26,890
Step 3: Read off the answer. Friday's Sell price of 253 is the highest of the week, giving the maximum profit of about Rs 2.27 lakh. Thursday is the trap for anyone glancing at the Buy column or misreading the row - ITC dips to 221 that day, which would actually book a loss of roughly Rs 2.57 lakh against a purchase price of 238. Step 4: Sanity check. Selling on Tuesday at 238 exactly matches Monday's Buy price of 238, so that trade nets zero profit - a useful confirmation that the buy and sell columns are being read the right way round. Final Answer: Friday

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